UK Budget ‘failed Scottish oil and gas industry’ says RMT

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THE government has “fundamentally failed” North Sea workers, with the tax measures in the Budget for the oil and gas industry not saving a…

A poll has shown almost three-quarters of oil and gas workers are considering looking for work abroad

Industry website Rigzone has found that 71 per cent of workers across Scotland and the rest of the UK are considering looking for work overseas. “You cannot push to improve efficiency and productivity by adopting the slash and burn approach we are seeing across the sector. We should be managing our operations through the current crisis so when the industry does pick up we are able to start running again rather than learning to walk.”

The new North Sea tax measures announced by the Chancellor in his Budget last month included a reduction of the supplementary charge on industry profits from 30 per cent to50 per cent to 35 per cent next year, measures which“The government have fundamentally failed. The budget has done nothing, not one single job has been saved as a consequence of the tax changes. It was just a giveaway to shareholders.

Guest said: “If assurances cannot be given by the industry about the mid to long-term career opportunities in the UK’s off-shore market, our survey indicates that many professionals may simply look for work elsewhere.

 

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